Cybercrime losses set to increase, says cyber risk expert
From: Captive Insurance Times, October 12, 2017
Losses from cybercrime are only likely to increase because of far-reaching global connectivity, warned James Trainor, Aon’s senior vice president of cyber solutions.
Speaking at the 2017 Guernsey Insurance Forum, Trainor, former head of the FBI’s cyber division, suggested a 2014 study by the Centre of Strategic and International Studies that attributed annual losses of $445 billion to cybercrime was now “vastly underestimating the current position”.
Click here to read the full article.